Crony capitalism related news.
Tariffs are taxes. They cost consumers and they cost companies. When one company is exempted and another is forced to suffer a tariff the crony element bleeds in. This is what we are seeing now. The longer this goes on...
The crony sword cuts both ways as Elon Musk and GE now know too well. Jeffery Immelt, the former corporate confidant to the 44th president drove GE into a ditch. Things haven’t gotten much better since Immelt’s departure. Taxpayer...
“I see your hair is burning…Your hills are filled with fire…” – The Doors, LA Woman
Cronyism (Elon Musk and his company run on cronyism) breeds cronyism and disfunction eventually. Thus is Tesla’s tale. “So Elon you want to take Tesla private huh? Not so fast.” (From CNET) Tesla’s board of directors is taking new measures...
…of the day. No spin. No tabloid trash.
(From UPI) The largest wildfire in California’s history, which claimed the life of a firefighter, grew nearly 10,000 acres Wednesday, fire officials said. The Mendocino Complex Fire — made up of the Ranch and River fires in Northern California —...
(From CBS News) At least 71 people have overdosed from synthetic marijuana in Connecticut with at least 52 of them at or near a Connecticut city park, authorities said late Wednesday. Most of the overdoses happened on the New Haven...
(From RadioFreeEurope/RadioLiberty) The Islamic State (IS) extremist group has claimed responsibility for a suicide bombing in a Shi’ite area of Kabul on August 15. Earlier on August 16, Afghan authorities revised the death toll from the attack to 34 killed...
(From Fox News) President Trump on Wednesday appeared to hold former CIA Director John Brennan partly responsible for the investigation into alleged collusion between his campaign and Russia in the 2016 election. . . . “I call it the rigged...
(From RadioFreeEurope/RadioLiberty) The case against U.S. President Donald Trump’s former campaign chairman, Paul Manafort, has been sent to a jury for deliberations after prosecutors presented closing arguments portraying an alleged web of lies Manafort laid to escape paying U.S. taxes...
(From Reuters) Hackers operating from an elite Chinese university probed American companies and government departments for espionage opportunities following a U.S. trade delegation visit to China earlier this year, security researchers told Reuters. Cybersecurity firm Recorded Future said the group...
(From Motherboard) As detailed in a recent paper in Geophysical Research Letters, the New Horizons spacecraft observed ultraviolet light that many physicists think results from a hydrogen ‘wall’. In other words, if the solar system is an egg, New Horizons...
(From Fox News) “The president has a constitutional responsibility to protect classified information and who has access to it, and that’s what he’s doing is fulfilling that responsibility in this action,” Sanders said Wednesday. Last month, the White House...
Shanti. Shanti. The Monterey Pop Festival was one of those nodes of pop culture that emerge every once in a while to change the world. And Ravi Shankar’s performance at the festival was part of the reason the world...
(From Good News Network) He started with simple botanical powerhouses, such as bamboo and cottonwood. After almost four decades of growth, his forest is now inhabited by hundreds of elephants, Bengal tigers, rhinos, boars, deer, reptiles, and birds. Click...
Golden retrievers are pretty great dogs.
I love that he inserted “that” into his statement. America, you know, is kind of a meh country, you know. I mean it was never THAT great. It’s OK, I guess… This is right on up there with, but not...
Some people just don’t care about right or wrong I suppose.
